Jeffrey R. Immelt, CEO of General Electric, earned $3,300,000 in base salary, $5,800,000 in cash bonus, and $4,713,000 in stocks granted in 2007. The compensation of Mr. Immelt is an example of which of the following:
A) insider trading.
B) monitoring cost.
C) compensation scheme to encourage him to act in the best interest of shareholders.
Correct Answer:
Verified
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